Logan Capital Management Inc. Buys 7,220 Shares of Arista Networks, Inc. $ANET

Posted by Brenda Bartman on Jun 12th, 2026

Logan Capital Management Inc. boosted its position in shares of Arista Networks, Inc. (NYSE:ANET – Free Report) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 170,349 shares of the technology company’s stock after purchasing an additional 7,220 shares during the period. Arista Networks comprises 0.9% of Logan Capital Management Inc.’s holdings, making the stock its 23rd largest position. Logan Capital Management Inc.’s holdings in Arista Networks were worth $22,321,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of ANET. Knuff & Co LLC acquired a new position in Arista Networks during the 3rd quarter worth approximately $29,000. Board of the Pension Protection Fund acquired a new stake in shares of Arista Networks in the fourth quarter valued at approximately $26,000. Quarry LP bought a new stake in shares of Arista Networks in the third quarter worth $33,000. Ameliora Wealth Management Ltd. acquired a new position in Arista Networks during the fourth quarter worth $30,000. Finally, Ares Financial Consulting LLC acquired a new position in Arista Networks during the fourth quarter worth $34,000. Institutional investors and hedge funds own 82.47% of the company’s stock.

Insider Transactions at Arista Networks

In related news, major shareholder Andreas Bechtolsheim sold 240,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $163.06, for a total transaction of $39,134,400.00. Following the transaction, the insider directly owned 331,848 shares of the company’s stock, valued at approximately $54,111,134.88. The trade was a 41.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jayshree Ullal sold 428,000 shares of the stock in a transaction on Wednesday, April 22nd. The shares were sold at an average price of $177.44, for a total value of $75,944,320.00. Following the completion of the sale, the chief executive officer owned 5,209,207 shares in the company, valued at approximately $924,321,690.08. This trade represents a 7.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 2,403,142 shares of company stock worth $388,820,943. 2.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ANET shares. Rosenblatt Securities lifted their price target on shares of Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Evercore restated an “outperform” rating and issued a $200.00 price objective on shares of Arista Networks in a report on Friday, February 13th. Bank of America lifted their target price on Arista Networks from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Monday. Weiss Ratings raised Arista Networks from a “hold (c+)” rating to a “buy (b)” rating in a research report on Friday, May 15th. Finally, TD Cowen restated a “buy” rating and issued a $200.00 price target (up from $170.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $185.95.

View Our Latest Report on ANET

Arista Networks News Summary

Here are the key news stories impacting Arista Networks this week:

Positive Sentiment: Arista’s rollout of its 7060XE7 Series 1.6T networking platforms supports the AI growth story, as the products are designed for rack-scale AI infrastructure and higher-capacity data-center networking. Article Title
Positive Sentiment: Erste Group Bank raised its FY2027 earnings estimate for Arista Networks, adding to signs that Wall Street expects continued earnings growth. Article Title
Neutral Sentiment: Broader market volatility tied to AI spending, interest rates, and growth concerns may be increasing attention on AI infrastructure names like ANET, but it is not a company-specific catalyst. Article Title
Negative Sentiment: Recent insider selling by major shareholder Andreas Bechtolsheim may weigh on sentiment, even though the trades were made under a pre-arranged 10b5-1 plan. Article Title

Arista Networks Stock Performance

Shares of ANET stock opened at $156.46 on Friday. The firm’s 50-day moving average is $153.66 and its 200-day moving average is $139.83. The stock has a market cap of $197.01 billion, a price-to-earnings ratio of 53.58, a PEG ratio of 2.34 and a beta of 1.61. Arista Networks, Inc. has a 52-week low of $85.58 and a 52-week high of $179.80.

Arista Networks (NYSE:ANET – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. The business had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.62 billion. Arista Networks had a return on equity of 30.10% and a net margin of 38.32%.Arista Networks’s quarterly revenue was up 35.1% on a year-over-year basis. During the same quarter last year, the company posted $0.65 earnings per share. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Sell-side analysts predict that Arista Networks, Inc. will post 3.27 EPS for the current fiscal year.

Arista Networks Company Profile

(Free Report)

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.